Initial margin held by JSCC swelled 65% in Q1

Largest IM call for JGB index futures and options unit was ¥443.9 billion

Aggregate initial margin held across the Japan Securities Clearing Corporation’s six divisions totalled ¥4.79 trillion ($44.6 billion) at end-March, up from ¥2.9 trillion at end-2019. IM held by the clearing services for futures and options linked to Japanese government bond (JGB) and indexes more than doubled over the period, while that for cash securities increased almost sevenfold. 

At the end of the first quarter, IM at the JGB and index futures and options units totalled ¥2.1 trillion, up

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here